Haulier closes down

Sunday, April 27, 2008
by Geoff Riley

This ninety second video clip from BBC news is a short but powerful clip to show when discussing the effects of rising fuel prices on the profitability of a business - no bells and whistles, just a face to face interview with the owner of a haulage firm who has decided to quite because of the cost of diesel and his inability to pass on costs to consumers, the result, 21 redundancies and a firesale of the assets of the business.

Posted to AS Macro • Business Economics • UK Economy
Tags: prices, costs, redundancy, business closure
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